Dan Crossley, investment partner at WHR Property Consultants

1. Thursday 22nd May 2014
Presentation by DanCrossley, Investment Partner,
WHR Property Consultants LLP
TAKING ADVANTAGE OF OPPORTUNITIES INTHE
ECONOMIC RECOVERY

3. Why?
• Increased demand
• Old and new players
• Low interest rate environment
• The return of debt to the market – 70%
lending is back!
• We didn’t double dip!

5. Asset Quoting Price Sale Price % INXS
Sunlight House
Manchester £28.5m
(7.36%)
£34,500,000
(6.35%)
21.05%
Deeside
Industrial Park
Flintshire £27.53m
(9.5%)
£34,000,000
(7.69%)
23.5%
St James House
Manchester
£19m
(7.58%)
u/o circa £21m
(6.5%)
10.53%
Walker Park
Blackburn
£9.85m
(9.50%)
u/o circa £11.25m
(8.3%)
14.21%

10. 1 Spinningfields 2 St Peter’s Square First Street
• Predicted rental growth
• New regional based jobs
• 11% growth forecast in professional and admin
• Regions becoming value for money v London (overall costs)
• Supply has fallen 12% in the past 12 months

11. Industrial

12. Retail

13. • Opportunity is spread across the whole of the market like never before
• It is not just about the quick trading of assets as the market recovers
• It is more about the future of property
1. Development
2. Recycling/refurbishment
3. Change of use
• The regions will prosper
• Up to date knowledge and advice is the key